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Minneapolis Fed chief Neel Kashkari still sees room for two rate cuts this yearmaybe kicking off around Septemberbut he's urging colleagues to stay nimble, since today's tariffs could fuel tomorrow's ...
Who is Lauren Sanchez? Journalist, pilot and Jeff Bezos' fiancé ...
In an essay released on Friday, Kashkari also signalled that if progress on inflation stalls or reverses the Fed could simply pause its rate-cutting cycle until prices ease again.
Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual ... noted. Kashkari, who is a member of the FOMC this year, said he is retaining his ...
The rate projections give investors and analysts a false sense of precision. Some Fed officials are tired of them.
Solid Jobs Report Keeps Fed Rate Cuts at Bay The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.
Bostic's single anticipated cut this year is less than the two quarter-point cuts at the median of projections issued last week by the Fed's 19 policymakers.
The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t become an ongoing inflation problem.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?
Federal Reserve Chair Jerome Powell told House lawmakers Tuesday that the central bank is 'well-positioned to wait' on any interest rate adjustments until it has more clarity on how Trump tariffs ...
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates.
The S&P 500 is closing in on a record high yet again as of this writing (June 20), so investors seem to be moving past the Fed's initial rate cuts and the more recent tariff turmoil.